The Fair Credit Billing Act (FCBA) protects you against credit card fraud and limits your maximum liability to $50. Some card issuers expand that law by offering $0 fraud liability on unauthorized ...

Suppose you only have one credit card, with a maximum credit limit of $10,000, and you charged $5,000 to the card without making any payments. In this case, your utilization is 50% of your total ...

You can take advantage of promotional interest rates to transfer a credit card's balance to a new credit card. Balance transfers give you the opportunity to pay down debt.

Credit card statements can be a bit tricky to navigate at first. So, it’s good to know that when you read your credit card statement, one of the most important lines to take note of is your balance.

So, if you carry a $1,000 balance on your credit card, you’ll be charged 0.055 percent interest the first day your balance passes your credit card grace period, which comes out to about 55 cents.

How To Check a Credit Card Balance 1. Log in to Your Online Account or Mobile App. Logging in online or onto the card issuer’s mobile app is the quickest and easiest way to check a credit card ...

Statement balance vs. current balance: What’s the difference? If you log in to your credit card account online, you might notice that your card issuer lists two different balances that you owe ...